National Bank of Hungary definition

National Bank of Hungary means Magyar Nemzeti Bank, the central bank of Hungary or any other entity which, from time to time, acts as a central bank of Hungary, as the case may be;
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National Bank of Hungary. ’ means the National Bank of Hungary or any other entity which, from time to time, acts as a central bank of the Republic of Hungary, as the case may be;
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Examples of National Bank of Hungary in a sentence

  • The interest premium change index and the calculation methodology are published by the National Bank of Hungary.

  • If the sender bank has received the order from the customer for same-day performance, the bank shall submit it to the National Bank of Hungary (MNB) within 2 hours of receipt of the order but no later than the RTGS deadline specified for the receipt of customer orders, while also providing the appropriate coverage.

  • The National Bank of Hungary granted a grace period of 12 month for the Hungarian commercial banks regarding the introduction of Strong Customer Authentication in case of card not present purchases with bankcards.

  • Monetary assets and liabilities denominated in foreign currencies are translated into HUF that is the presentation currency, at exchange rates quoted by the National Bank of Hungary ("NBH") as at the date of the separate financial statements.

  • Accordingly, in line with the relevant legal regulations and the provisions of the National Bank of Hungary the Bank has issued special regulations aimed at the prevention of money laundering.

  • The National Bank of Hungary granted a grace period of 12 month for the hungarian commercial banks regarding the introduction of Strong Customer Authentication in case of card not present purchases with bankcards.

  • If some or all of the sums deposited in the Preferred Private Customer’s accounts listed above are recorded in a currency other than Hungarian forint (HUF), the Bank shall take their HUF equivalent value into account, calculated at the prevailing mid-rate of exchange quoted by the National Bank of Hungary (MNB).

  • Service Provider informs the User, and User expressly acknowledges that the inter-bankcard money transfer and transaction services are not done by Service Provider, these are provided by OTP Bank Plc, in full possession of all MNB (National Bank of Hungary) authorisations and permits necessary under applicable law.

  • If some or all of the sums deposited in the Preferred Private Customer’s accounts listed above are recorded in a currency other than Hungarian forint (HUF), the Bank shall take their HUF equivalent value into account, calculated at the prevailing mid- rate of exchange quoted by the National Bank of Hungary (MNB).

  • At the end of each reporting period, monetary items denominated in foreign currencies are retranslated at the exchange rates quoted by the National Bank of Hungary (“NBH”), or if there is no official rate, at exchange rates quoted by OTP as at the date of the Consolidated Financial Statements.

Related to National Bank of Hungary

  • National bank means a national banking association

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond or, as the case may be, Coupon; and

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Citibank means Citibank, N.A.

  • Bank Office means the designated office for payment of the Bank as indicated on the signature page hereof. The Bank will notify the Issuer in writing of any change in location of the Bank Office.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Royal Bank means Royal Bank of Canada.